Asia Mining Market Update Q2 2014

2
Capstone Recruitment Asia Mining Market Update Q2 2014 [ “Cautious outlook for the global mining industry” AT A GLANCE With a strong but turbulent outlook for the mining sector, the industry is focused more on current operations and expansion rather than exploration programs with the primary focus being operational efficiency and cost optimisation. There is no evidence of real exploration being carried out to extend ore reserves. Asian Global Investment – Due to domestic demand on commodity suppliers around the world, Asian companies driven primarily out of China have accelerated global investment activity, making them major players on the international stage. Dominating Asian Mining is China, Indonesia, India, along with the CIS and Russia these countries are also major global producers of commodities. Issues facing Asia Mining are the problems of introducing foreign investment into these countries as well as other emerging countries such as Mongolia & Myanmar. Even though these countries have great minerals potential, government bureaucracy is to blame for several foreign companies having to constantly review their investments. SPOTLIGHT ON STATE OF THE CURRENT GLOBAL MINING INDUSTRY As we face sporadic demand and price volatility, global mining companies are striving to streamline their operations and implement measures to increase efficiency, improve processes, control costs and ultimately enhance profitability. One of the measures being implemented is the reduction in employee numbers. [Type text]

Transcript of Asia Mining Market Update Q2 2014

Page 1: Asia Mining Market Update Q2 2014

Capstone RecruitmentAsia Mining Market Update Q2 2014

[

“Cautious outlook for the global mining industry”

AT A GLANCE

With a strong but turbulent outlook for the mining sector, the industry is focused more on current operations and expansion rather than exploration programs with the primary focus being operational efficiency and cost optimisation. There is no evidence of real exploration being carried out to extend ore reserves.

Asian Global Investment – Due to domestic demand on commodity suppliers around the world, Asian companies driven primarily out of China have accelerated global investment activity, making them major players on the international stage.

Dominating Asian Mining is China, Indonesia, India, along with the CIS and Russia these countries are also major global producers of commodities.

Issues facing Asia Mining are the problems of introducing foreign investment into these countries as well as other emerging countries such as Mongolia & Myanmar. Even though these countries have great minerals potential, government bureaucracy is to blame for several foreign companies having to constantly review their investments.

SPOTLIGHT ON STATE OF THE CURRENT GLOBAL MINING INDUSTRY

As we face sporadic demand and price volatility, global mining companies are striving to streamline their operations and implement measures to increase efficiency, improve processes, control costs and ultimately enhance profitability. One of the measures being implemented is the reduction in employee numbers.

Contact Information

Jared LoweDirector – Head of Energy, Mining & Infrastructure, Asia T +852 3796 2621 E [email protected]

Tania de SilvaManager – Energy, Mining & Infrastructure, Emerging MarketsE [email protected]

Ben WattSenior Research Associate –Energy, Mining & Infrastructure, Asia E [email protected]

Anqi ChengConsultant – Energy, Mining & Infrastructure, Greater ChinaE [email protected]

[Type text]